-In the above figure,while drawing the line showing the relationship between the price of a pound of peanuts and the quantity sold,the
A) price of a pound of pecans does not change.
B) price of a pound of peanuts does not change.
C) the quantity of peanuts that farmers supply does not change.
D) Both answers A and B are correct.
E) Both answers B and C are correct.

Question

-In the above figure,while drawing the line showing the relationship between the price of a pound of peanuts and the quantity sold,the
A) price of a pound of pecans does not change. 
B) price of a pound of peanuts does not change. 
C) the quantity of peanuts that farmers supply does not change. 
D) Both answers A and B are correct. 
E) Both answers B and C are correct.

Quizplus · Accepted Answer

When drawing a demand curve, we assume that the price of related goods, such as pecans, remains constant to isolate the relationship between the price of peanuts and the quantity sold.

-In the Above Figure,while Drawing the Line Showing the Relationship